I believe news shows will do anything they need to to get better ratings. I'm not sure if they would completely lie about any certain issue, (unless it's something extremely significant) though I do think that they would "fib" about issues, slightly exaggerating or under exaggerating some smaller details. I do believe that they would withhold a lot of information if they felt like it, though. And, for all I know, the government may be preventing news shows from broadcasting certain reports.. I, myself, do not have enough information to make a definite conclusion.
I first became aware of it when I lived in Canada over 10 years ago and was informed of the standards and what could be done to enforce them by politically active citizens. Since then Canada has enacted several additional laws concerning appropriate and acceptable standards for reporting media from news to the internet. You may not see the exterior consequences of it but each time a US source of opinion that is impacted by those laws is denied access in Canada it gets reported here. At that point it is a simple matter to search the Canadian news media and find a giant hole on reporting those views and subjects. It has become less common under the more conservative government that was voted in recently but in cases of this kind of government oversight it is often difficult to see when you are living inside it. That is why it IS so concerning in places where there is total government control of the news media. Why shouldn't they believe what they are told? They have no reason not to.
Think of it this way, if someone tells you that their spouse never disagrees with them what do you think? Obviously someone is not being heard. If you tell me there is no difference between news agencies that tells me that only one point of view is being given since it is natural for people to have differences of opinion.
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